PTI | Jul 17, 2018, 10.04 PM IST "AEL would never be in management control of Numetal or the corporate debtor (Essar Steel) in future," Thakore... ...https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/numetal-to-nclat-aurora-enterprises-would-have-no-control-over-firm/articleshow/65028952.cms
Hospitality group says says there are up to Rs 6,800 crore of distressed assets for sale and more likely to join ...http://www.dnaindia.com/business/report-eih-sees-more-distressed-hotel-sales-under-ibc-2638072
Gujarat NRE Coke had failed to get any suitor for resolution under the IBC as an ongoing concern as no plan was accepted by its secured creditors ...http://www.dnaindia.com/business/report-nclat-stays-revival-meet-of-gujarat-nre-coke-2637635
The cost of hiring a resolution professional or an authorised representative by homebuyers and fixed deposit holders will be borne by the company... ...http://www.dnaindia.com/business/report-dna-money-exclusive-competition-commission-approval-may-be-needed-for-buying-rival-company-under-ibc-2637629
The Insolvency and Bankruptcy Code (IBC) resolution process has greatly helped Punjab National Bank, which was hit by nearly USD 2 billion fraud... ...https://www.moneycontrol.com/news/business/pnb39s-npa-recoveryfirst-quarter-tops-fy3918-level_11140601.html
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